10, ELMERS LANE, KESGRAVE, IPSWICH, IP5 2GW - £292,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 ELMERS LANE is a very small semi-detached house of 47m², built sometime between 1991 and 1995, which could now be worth an estimated £300,323. It was last sold for £292,000 in May 2022, which was around 8% above the average May 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

10 ELMERS LANE Sold Prices

Land registry data shows four sales for 10 ELMERS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 10 ELMERS LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 31 MAY	£292,000	£271,317	8% above HPI
2013 26 JUL	£171,000	£163,955	4% above HPI
2003 16 APR	£124,000	£115,090	8% above HPI
2001 2 JUL	£81,500	£79,189	3% above HPI

10 ELMERS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 10 ELMERS LANE sales between July 2001 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 10 ELMERS LANE be worth now?

10 ELMERS LANE might now be worth an estimated £300,323.

This is based on house price inflation of 2.9%, between May 2022 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for 10 ELMERS LANE of £292,000 on 31st May 2022. For the value to have increased from £292,000 to £300,323 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 10 ELMERS LANE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The May 2022 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ELMERS LANE has not materially changed since May 2022.

How Large is 10 ELMERS LANE?

10 ELMERS LANE is 47m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of semi-detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kesgrave, and where 10 ELMERS LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 10 ELMERS LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

10 ELMERS LANE: Plot and Title Map

10 ELMERS LANE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 10 ELMERS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 ELMERS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 ELMERS LANE?

10 ELMERS LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 10 on ELMERS LANE.